News

Residential Property

Gerv Tacadena

, Singapore

Published:

8 years ago

HDB puts 5,291 flats up for grabs

A total of 3,897 units are built-to-order.

The Housing & Development Board of Singapore launched 5,291 flats for sale under the August 2017 Build-To-Order (BTO) and the inaugural Re-Offer of Balance Flats (ROF) exercise.

According to HDB, these comprise 3,897 BTO units and 1,394 ROF units across various towns/ estates.

This third BTO launch for 2017 brings the total number of BTO flats offered this year to 12,755 units. Together with the 3,946 balance flats offered in the May 2017 Sale of Balance Flats (SBF) exercise and the 1,394 units in this ROF exercise, HDB has launched a total of 18,095 flats thus far in 2017 to meet the housing needs of Singaporeans.

The 3,897 BTO flats on offer are spread across three projects in the non-mature towns of Bukit Batok and Sengkang.

Eligible first-timer families will be able to avail up to 80,000 of housing grants, comprising the Additional CPF Housing Grant (AHG) and the Special CPF Housing Grant (SHG).

"With these grants, buyers of 2-room Flexi, 3-room, 4-room and 5-room flats could pay as little as $4,0001, $84,000, $192,000, and $312,000 respectively," HDB noted.

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